FBP First Bancorp PE ratio, current and historical analysis
The PE ratio for First Bancorp stock stands at 11.55 as of Nov 21, 2024. This is based on the current EPS of $1.82 and the stock price of $21.02 per share. An increase of 13% has been seen in the P/E ratio compared to the average of 10.3 of the last 4 quarters.
FBP PE ratio history
Over the last ten years, the average PE ratio of First Bancorp has been 12.21. The current 11.55 PE ratio is 5% below the historical average. Over the past ten years, FBP's PE ratio was at its highest in the Dec 2015 quarter at 32.5, with a price of $3.25 and an EPS of $0.1. The Sep 2015 quarter recorded the bottom point at 2.2, with a price of $3.56 and an EPS of $1.62.
First Bancorp PE ratio by year
Maximum annual increase: 945.02% in 2015
Maximum annual decrease: -53.78% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.56 | 20.25% |
| 2022 | 7.95 | -23.85% |
| 2021 | 10.44 | -47.9% |
| 2020 | 20.04 | 43.86% |
| 2019 | 13.93 | 48.98% |
| 2018 | 9.35 | -45% |
| 2017 | 17 | 13.18% |
| 2016 | 15.02 | -53.78% |
| 2015 | 32.5 | 945.02% |
| 2014 | 3.11 | N/A |
FBP average PE ratio chart
FBP's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
FBP PE vs peers
FBP's PE ratio is lower than its peer stocks FCNCA and BPOP, but it is greater than OFG's. First Bancorp's current PE ratio of 11.55 is below the average of its peers, which is 14.14.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OFG Ofg Bancorp | 10.7 | $2.04B |
| FBP First Bancorp | 11.55 | $3.44B |
| BPOP Popular Inc | 13.3 | $6.99B |
| FCNCA First Citizens Bancshares Inc | 13.31 | $32.51B |
| NWBI Northwest Bancshares Inc | 19.25 | $1.86B |
Frequently asked questions
What is First Bancorp's PE ratio?
The price to earnings ratio for FBP stock as of Nov 21, 2024, stands at 11.55.
What is the 3-year average PE ratio for First Bancorp (FBP)?
Over the last 3 years, the average price to earnings ratio for FBP stock is 9.08.
What is the 5-year average PE ratio for First Bancorp (FBP)?
Over the last 5 years, the average price to earnings ratio for FBP stock is 10.81.
What is the highest PE ratio for FBP?
The highest quarterly PE ratio in the last ten years has been 32.5 and it was in the Dec 2015 quarter.
How does the current PE ratio for FBP compare to its historical average?
FBP's current price to earnings ratio is 5% below its 10-year historical average.
How is FBP's PE ratio calculated (First Bancorp PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), First Bancorp's stock price is $21.02. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.82. Therefore, First Bancorp's P/E ratio for today is 11.55. PE RATIO(11.55) = STOCK PRICE($21.02) / TTM EPS($1.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.